Don't Blame it on the Lab Growns
November 14, 24 by John Jeffay"So I've been feeling a bit 'guilty' from buying my fiancee a lab-grown diamond even though she has openly stated she doesn't care either way and totally loves the ring." That's just one of many stories of lab-grown woe on the internet. Dig a little... Read More...
Turning Point for Botswana and the World Diamond Industry?
November 07, 24 by Erez RivlinBotswana's historic change of power could become a breakthrough for Anglo American, and mark the light-at-the-end-of-the-tunnel for the entire diamond industry. President Masisi was ousted in a general election last week that saw an end to the ... Read More...
Crunching the Numbers
October 31, 24 by John JeffayDe Beers and Alrosa are not enjoying the best of times. Between them they produce well over half of the world's diamonds, by value. But De Beers has seen Q3 revenue slump by over three quarters, down from $899m in 2023 to just $213m. Market conditions... Read More...
Forever? Or for as Long as an Enduring Connection Lasts with a Significant Other?
October 23, 24 by John JeffayI wonder what Frances Gerety would make of the new De Beers marketing campaign. She was the copywriter who penned them the four-word slogan that transformed an industry: A diamond is forever. Was she thinking - as De Beers currently is... Read More...
After the Diamond Peak . . .
October 16, 24 by John JeffayIt's been downhill since 2005. That was the year the diamond industry hit its all-time peak, in terms of carats recovered. And it's highly unlikely we'll ever reach that level again. "We must recognise that we are already past the peak for diamond supply, Moses Madondo... Read More...
Ups and Downs of Recovering +100-cts Diamonds
October 10, 24 by John JeffayGem Diamonds recovered five +100-cts rough stones last year from its Letseng mine. This year it's recovered 13. And it's only the start of October. A rough gem of that size will typically sell for $3m to $4m, so for a junior miner like Gem, the number of such high-value... Read More...
Lightbox and Lab Growns: It's Complicated
October 02, 24 by John JeffayIt was something of a surprise to see Lightbox announce the launch of new marketing campaigns last week. The De Beers lab grown company said in June that it would no longer be manufacturing diamonds. And that sounded like it might be the end of the... Read More...
Remarkable Story of Survival
September 26, 24 by John JeffayDiamond grading certs don't always tell the whole tale. Here's a collection of mostly are J to L color stones. Some are M and M+. They're an old mine brilliant cut, they weigh 1.0-cts to 1.5-cts each and clarity is only SI to I. But what we're looking at here.... Read More...
Clock is Ticking on G7 Traceability
September 19, 24 by John JeffaySo the latest sanctions deadline came and went largely unnoticed, with none of the chaos and confusion that accompanied the 1 March ban. Back then, traders were required, for the first time, to provide documentary evidence that the diamonds they were importing... Read More...
Living with Lab Growns
September 12, 24 by John JeffayLab growns - a threat, an opportunity, or a bit of both? Their market share keeps rising, their prices keep falling and the entire industry feels the impact. Not least the diamond tech company Sarine, whose fortunes serve as something of a barometer for the wider world of Read More...
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